Forum, which operated three hospitals, sold the majority of its assets to Community Health Systems last summer for $120 million.
Forum filed for Chapter 11 in March 2009. The health system lost a reported $100 million from operations in the four years before it filed for bankruptcy, according to the report.
Read the Bloomberg report on Forum Health.
Related Articles on Forum Health:
Forum Health Cannot Use Donations to Pay Unsecured Creditors
CHS Completes Acquisition of Ohio’s Forum Health
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.